News Flash

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MAI to Invest in Ship Investment Fund Managed by Navigare Capital Partners

Categories: News Flash

Date: May 21, 2024

Mitsui & Co. Alternative Investments Limited (“MAI”, President and CEO: Takateru Mitsui) ha...

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Deltamarin and ECOLOG unveil LP LCO2 carrier design

Categories: News Flash

Date: May 21, 2024

Deltamarin and ECOLOG have collaborated on LCO2 carrier design for the purpose of tendering at ship...

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Inmarsat launches NexusWave: a game-changing ‘bonded’ network service for maritime communications

Categories: News Flash

Date: May 21, 2024

The new fully managed connectivity service offers a unified multi-dimensional network, delivering h...

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Navios Maritime Holdings Inc. Provides Important Reminder for All Holders of Series G and Series H American Depositary Shares: Early Tender Deadline to Receive $5.75 in Cash is May 21, 2024, 5:00 P.M.

Categories: News Flash

Date: May 21, 2024

Navios Maritime Holdings Inc provided a reminder of its previously announced tender offer to purcha...

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Baltic index steady as gains in capesize offset lower rates for smaller vessels

Categories: News Flash

Date: May 21, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...

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Strong Southern Hemisphere harvests drive reefer shipping growth

Categories: News Flash

Date: May 17, 2024

After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as health...

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Samsung Heavy unveils eco-friendly ships, AI tech in Europe

Categories: News Flash

Date: May 17, 2024

Samsung Heavy Industries Co., South Korea’s second-largest shipbuilder, showcased new eco-friendl...

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Marine bunker sales at UAE’s Fujairah hit two-month low in April

Categories: News Flash

Date: May 17, 2024

Marine bunker fuel sales at the United Arab Emirates’ Fujairah port hit a two-month low in April,...

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MOL and TotalEnergies Sign Time Charter Contracts for 2 Newbuilding LPG-fueled LPG Carriers

Categories: News Flash

Date: May 17, 2024

Mitsui O.S.K. Lines, Ltd. announced that through its group company MOL Energia Pte. Ltd. (President...

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Maersk speeds up supply chains in Europe with new cross dock facility in Rotterdam

Categories: News Flash

Date: May 17, 2024

Maersk has inaugurated a specialized cross dock warehouse in Rotterdam on its Maasvlakte II termina...

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Logistics Trade Bodies Unite in Calls for Industry Action on New EU Import Declarations

Categories: News Flash

Date: May 17, 2024

Global and European trade associations representing shippers, forwarders and vessel operators have ...

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Indian steel mills fear surge in Chinese imports after U.S. tariffs

Categories: News Flash

Date: May 17, 2024

India’s steel industry, already reeling from cheaper imports, is worried about a surge in shipmen...

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Bureau Veritas report highlights the potential of carbon capture technologies and the development of carbon value chains for shipping

Categories: News Flash

Date: May 17, 2024

Bureau Veritas (BV), a global leader in the Testing, Inspection, and Certification (TIC) industry, ...

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Baltic index hits near two-week low as vessel demand dips

Categories: News Flash

Date: May 17, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...

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Asia Fuel Oil-VLSFO cash premium rises, Singapore stocks dip

Categories: News Flash

Date: May 17, 2024

Asia’s Low-Sulphur Fuel Oil (VLSFO) rose on Thursday after Singapore inventories dropped to a two...

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Hapag-Lloyd with good start to 2024 in first quarter of year

Categories: News Flash

Date: May 16, 2024

Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 mil...

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Hapag-Lloyd with good start to 2024 in first quarter of year

Categories: News Flash

Date: May 16, 2024

Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 mil...

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Inmarsat ‘Digital Wave’ Report Explores Importance Of Connectivity Onboard ‘Floating Offices’ At Sea

Categories: News Flash

Date: May 16, 2024

Inmarsat Maritime, a Viasat company, has launched a new report Digital Wave: Transforming vessels i...

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Asia Fuel Oil-Cash premiums little changed; Singapore’s marine bunker sales decline

Categories: News Flash

Date: May 16, 2024

Asia’s fuel oil markets were broadly steady on Wednesday after inventories rose at the Fujairah c...

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Singapore marine bunker sales soften for four straight months

Categories: News Flash

Date: May 16, 2024

Singapore’s marine bunker sales declined for a fourth consecutive month in April, official data s...

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Baltic index slips for 5th straight day on weaker vessel rates

Categories: News Flash

Date: May 16, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...

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Port of Long Beach Cargo Volumes Climb in April

Categories: News Flash

Date: May 16, 2024

Trade moving through the Port of Long Beach gained momentum in April, marking the eighth consecutiv...

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Port of Antwerp-Bruges launches the world’s first methanol-powered tugboat

Categories: News Flash

Date: May 16, 2024

 Port of Antwerp-Bruges presented a world premier: the Methatug. This tugboat, which runs on m...

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Auramarine Signs Agreement With Specs Corporation To Strengthen Presence In South Korean Market

Categories: News Flash

Date: May 16, 2024

Auramarine, the renowned provider of fuel supply systems for the marine, power and process industri...

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Shofu Maru, World’s 1st Wind Challenger-equipped Coal Carrier Achieves Fuel Savings of 17%

Categories: News Flash

Date: May 16, 2024

Mitsui O.S.K. Lines, Ltd. announced that its owned and operated Shofu Maru, the world’s first coa...

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Ship that hit Maryland bridge had lost power several times, investigators say

Categories: News Flash

Date: May 16, 2024

The cargo ship Dali lost electrical power several times before it crashed into the Francis Scott Ke...

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Shore-side power supply for container ships in the Port of Hamburg

Categories: News Flash

Date: May 15, 2024

Hamburg is a European pioneer in shore-side power supply, and after several years of successfully s...

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Ocean Technologies Group and WISTA International Join Forces to Drive Maritime Gender Diversity and Inclusion

Categories: News Flash

Date: May 15, 2024

Ocean Technologies Group (OTG), the leading global provider of Human Capital Management solutions f...

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Odfjell: Record-high results with records to beat as soon as the next quarter

Categories: News Flash

Date: May 15, 2024

Odfjell posted very strong results last week, significantly beating our and consensus’ prediction...

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Columbia Shipmanagement (CSM) Türkiye announces collaboration with leading commercial vessel operator Transoba Denizcilik ve Ticaret A.S.

Categories: News Flash

Date: May 15, 2024

Columbia Shipmanagement (CSM), member of Columbia Group, has underlined its commitment to the Turki...

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Asia Fuel Oil-Benchmarks hold steady; monthly incoming supplies dip

Categories: News Flash

Date: May 15, 2024

Asia’s fuel oil benchmarks were little changed on Tuesday, while latest ship-tracking data showed...

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Malaysia PM says no evidence of ship-to-ship transfer of Iranian oil off Malaysia

Categories: News Flash

Date: May 15, 2024

Malaysia Prime Minister, Anwar Ibrahim said there was “not one shred of evidence” of ship-to-sh...